Ministry of Finance (Singapore)

The Ministry of Finance (MOF) is a ministry of the Government of Singapore responsible for managing Singapore’s fiscal policies and the structure of its economy. They work to maintain international standards and best practices in areas such as company law, accounting standards, and corporate governance principles.

They aim to advance the well-being and development of Singapore by:

• achieving a balanced budget through prudent and sustainable fiscal policies;
• ensuring the prudent investment of the government's reserves and other public funds;
• setting out policies for government procurement, customs regulation, accounting standards and business regulation;
• fostering a regulatory environment conducive to business and enterprise; and
• ensuring that businesses operating within Singapore's jurisdiction are compatible with international standards and practices, in areas such as company law, accounting standards and corporate governance principles.